Commission greenlights new State aid methodology for guarantee premiums in Estonia
The methodology will be used to calculate the appropriate premium on State counter-guarantees for short-term bank guarantees and guarantees on new loans to companies of all sizes. It will be applied both for market-conform measures and for calculating the Gross Grant Equivalent under the de minimis Regulation.
The scheme has a total budget of EUR 150 million and is designed to facilitate access to finance by reducing lenders’ risk exposure and encouraging greater credit availability, particularly for companies facing collateral constraints. It applies across all sectors and covers guarantees of up to EUR 25 million with maturities of up to 10 years.
The framework will be implemented by Enterprise Estonia and will remain in force until February 2030.
The Commission has concluded that the methodology complies with the Guarantee Notice and ensures that State guarantees are priced in line with market terms.
For more information, see the Commission’s PR.